Important things about Level 1 Exam?
CFA level 1 is not like other exams; the questions have multiple choices. Does this give you a smile? No! Multiple choices exams are not always easy as you may think. These questions are very tricky, and you can get a headache answering them. The trick is first understanding what the question is asking. Through the elimination method, you can eliminate the wrong answers. Hoiwever, you need to be careful when you are doing so because you have to be 100% sure of what you are doing.
Another important thing to note is that there are online classes that can help you learn more about the CFA level 1. There are a lot of sites that will guide you on the format of the questions as well as the correct answers. Do your own research before choosing an online company. There are a lot of online companies that provide CFA level one curriculum but look for the one.
The next CFA level 1 exam will take place in June this year so it’s always important to register for this exam as soon as possible. This gives you more time to prepare for the exam day. The exam is not easy thus you have to be well prepared. About two-thirds of students fail at their first attempt, so it’s very important that you revise before going into the examination hall. When you look at previous year questions, you can gauge or try to predict this year’s questions. But even some well-prepared candidate will fail the test. From the recent exams, it is evident that students give less concern to ethics questions.
Ethics question not easy.
Ethics question seem so easy while you are revising, but when you get into the exam room, you will feel how examiners can make an easy topic to be very subjective. For starters, it is good to make sure that the answer you choose is correct. There are always two answers which resemble one other, and if you are not keen, you can choose the wrong one. So better you do more studying than just reading the books. Lastly, know that you are not the first one to do this exam, many have done it and passed. Go to the exam room feeling confidence and don’t panic. Fear is what brings failure, so be confident.
Putting in 300 hours of the study prep isn’t the guarantee of passing CFA exam on a first attempt. Study techniques and study material that you use may play a significant role in the success or failure. Thus, it is of huge importance you use tried and tested methods and use best study notes for passing this exam.
Get Best Study Material, Past Exams and Practice Questions
Having the best study materials, books, prep books and videos, study guides, may stand you in the good stead. Doing the past papers is the best method for ensuring you know the material very well and giving you confidence you may need to pass the exam.
Get Familiar With Exam Format
Knowing the exact format of the exam may ensure that there’re no surprises and there’s no chance of any panic setting at which will happen if you are surprised by something unexpected. You need to be well prepared for any question that may arise in the CFA level 1 exam.